CDW Announces CEO Succession Plan: Thomas E. Richards to Retire as CEO at Year-End and become Executive Chairman; Christine A. Leahy to Become Chief Executive Officer
Under Richards’ leadership the company achieved outstanding performance, growing from
“Being a part of CDW and collaborating with coworkers to drive its success has been an honor. I’m deeply proud of all we’ve achieved together. This is the right time for this transition,” said Richards. “CDW today is stronger than ever, and
Leahy is currently Chief Revenue Officer, responsible for all customer-facing units of the company, including its corporate, public, small business, international, and strategic solutions and services organizations. Leahy joined CDW as General Counsel and a member of the Executive Committee in 2002. Prior to her role as Chief Revenue Officer, she served as Senior Vice President, International, where she was responsible for the performance of CDW's international business, having led the development of the company’s international strategy, including the acquisition of Kelway, now CDW UK.
“CDW is a remarkable place. Throughout four decades, CDW’s steadfast commitment to our customers, coworkers, and partners has resulted in a unique constant within an ever-changing industry - performance that outpaces the market and fuels our ability to evolve and innovate to serve our stakeholders,” said Leahy. “It will be an honor to lead the extraordinary CDW team as we build upon our heritage and embrace the future. I am grateful to Tom and our Board of Directors for their support and confidence, and I am committed to bringing all of my energy and capabilities to this role.”
“Chris Corley is an exceptional leader with broad industry experience and a deep commitment to our customers,” said Leahy. “Her strong sales and operating leadership, strategic perspective and cultivation of talent will keep us agile and relevant to best serve our customers now and in the future. I am delighted that Chris will take on this new role.”
Speaking on behalf of the Board of Directors,
CDW will hold a conference call with
CDW is a leading multi-brand technology solutions provider to business, government, education and healthcare organizations in
Statements in this release that are not statements of historical fact are forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, including without limitation statements regarding CDW’s management plans and business prospects. These statements involve risks and uncertainties that could cause actual results to differ materially from those described in such statements. Although CDW believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove to have been correct. Reference is made to a more complete discussion of forward-looking statements and applicable risks contained under the captions "Forward-Looking Statements" and "Risk Factors" in CDW's Annual Report on Form 10-K for the year ended December 31, 2017 and subsequent filings with the SEC. CDW undertakes no obligation to update or revise any of its forward-looking statements, whether as a result of new information, future events or otherwise, unless required by law.
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Source: CDW Corporation